Commodities: Brent tops $80 per barrel for the first time since 2014

Moves in the commodities space were muted on Thursday, despite the news headlines around oil after Brent crude futures topped the $80 per barrel mark for the first time since 2014. By 2040 BST, the front month Brent contract was up by just 0.15% to $79.40 a barrel, paring an earlier rise to as high as $80.50. Weighing on what many in markets term 'black gold' was the continuing rise in the Greenback with the US dollar spot index having also recovered from weakness overnight to edge higher by ...

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